On Thu, 28 Aug 2003 17:54:46 GMT, clare @ snyder.on .ca wrote:

On 28 Aug 2003 14:10:04 GMT, osite (RobertR237)
wrote:


REAL SMART decision to save a few bucks.

Sounds like the same story but different company.


A little bit like that old TV show -" X# of people in the city of New
York, and each has a story"

Devide the number of publicly traded companies with more than 20
employees by half, and you're getting close to the number of stories
that will be told over the next 5 years or so.
You now the old expression "same S---, different pile?"

The main cause of the demise of American companies (particularly
manufacturing) is NOT offshore competition, it is gross mismanagement.
The mismanagement makes them vulnerable to the competition.

And much higher efficiency from the ones with management.

Production is up about 10% since 1997 while jobs are down by 15%.
according to the stats released by the federal reserve.

However as we've seen in some instances the payback is on the way for
those who took the short term gains from down sizing a bit too
seriously at the expense of long term gains.

Roger Halstead (K8RI EN73 & ARRL Life Member)
www.rogerhalstead.com
N833R World's oldest Debonair? (S# CD-2)


Bob Reed
www.kisbuild.r-a-reed-assoc.com (KIS Builders Site)
KIS Cruiser in progress...Slow but steady progress....

"Ladies and Gentlemen, take my advice,
pull down your pants and Slide on the Ice!"
(M.A.S.H. Sidney Freedman)